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Friday, 01/13/2006 11:50:12 AM

Friday, January 13, 2006 11:50:12 AM

Post# of 69
An update to clarify my last post

I should rephrase "mngmt shakeup"
the following press releas is taken from romarco minerals website and explains the changes in mngmt because of merger agreement.

"The combination will be effected through a share exchange merger whereby Romarco will issue its shares in exchange for shares of Western Goldfields. Details of the share structure will be finalized in the definitive merger agreement. Upon completion of the share exchange transaction, Diane Garrett (Romarco Pres. & CEO) will become Chief Executive Officer of the combined company and Thomas (Toby) Mancuso (Western Goldfields Pres. & CEO) will become President of the combined company. "

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